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FACT CHECK: Bong Go did not raise Philippine flag at Benham Rise

Claim: Special Assistant to the President Christopher “Bong” Go raised the Philippine flag at Benham Rise or Philippine Rise . The claim was published on May 16 with a headline “SAP Bong Go, Itinaas Ang Bandera ng Pilipinas sa Benham Rise” (SAP Bong Go Raises Philippine Flag at Benham ........»»

Source: Rappler RapplerCategory: NewsMay 18th, 2018Related News

Barrios: SBP searching for 3×3 road to Tokyo Olympics

Samahang Basketbol ng Pilipinas executive director Sonny Barrios and president Al Panlilio will be part of the Philippines' delegation for the joint bid in the 2023 Fiba World Cup. Photo by Ra.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsMay 18th, 2018Related News

Bangko Sentral orders demonetization of commemorative coin series

The Bangko Sentral ng Pilipinas ordered the demonetization of commemorative “Pilipino,” “Ang Bagong Lipunan” and “Flora and Fauna” coin series, which were minted on various dates from 1974 to 1994 and were sold in sets. .....»»

Source: Philstar PhilstarCategory: FinanceMay 18th, 2018Related News

Balance of payments swings to deficit

By Elijah Joseph C. Tubayan, Reporter THE PHILIPPINES’ external payments position swung to a deficit in April from the year-ago surplus, the central bank reported on Friday, saying “outflows… stemmed mainly from payments made by the national government for maturing foreign exchange obligations and foreign exchange operations of the Bangko Sentral ng Pilipinas (BSP)”. The […] The post Balance of payments swings to deficit appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: NewsMay 18th, 2018Related News

BSP further relaxes forex rules

THE BANGKO Sentral ng Pilipinas (BSP) said on Friday that banks will no longer need to secure its approval to convert foreign currency loans to peso, and for the transfer of such loans from foreign currency books to regular accounts. In a press release, Deputy Governor Diwa C. Guinigundo said that “rules governing the: conversion […] The post BSP further relaxes forex rules appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: NewsMay 18th, 2018Related News

King of pop Michael Jackson to get street name in Detroit

CHICAGO, USA –  The king of pop will be honored in Motown with a street named Michael Jackson Avenue, officials announced on Thursday, May 17 in Detroit.    The city, which has a rich history of nurturing American musical talent, will rename a portion of its Randolph Street in the ........»»

Source: Rappler RapplerCategory: NewsMay 18th, 2018Related News

BSP to demonetize commemorative coins from 1974 to 1994

MANILA, Philippines – The  Bangko Sentral ng Pilipinas (BSP) on Friday, May 18, announced that the commemorative coins issued on various dates from 1974 to 1994 would be demonetized. BSP said the Monetary Board decided to demonetize the commemorative Pilipino, Ang Bagong Lipunan, and Flora and Fauna coins, ........»»

Source: Rappler RapplerCategory: NewsMay 18th, 2018Related News

BSP backs changes to Agri-Agra law

The Bangko Sentral ng Pilipinas is backing the Agri-Agra Reform Credit Act to help ease credit access to small farmers and improve banks’ compliance rate for agrarian reform......»»

Source: Philstar PhilstarCategory: FinanceMay 18th, 2018Related News

BSP tightens rules on white knights in distressed banks

The Bangko Sentral ng Pilipinas has tightened the requirements for the entry of “white knights” or third party investors to address the capital deficiency and restore the viability of a distressed bank......»»

Source: Philstar PhilstarCategory: FinanceMay 18th, 2018Related News

Solon accused of vote buying wants Diño summoned - Inquirer.net

Solon accused of vote buying wants Diño summoned - Inquirer.net.....»»

Source: Googlenews GooglenewsCategory: NewsMay 18th, 2018Related News

Solon: Identify vote-buyers in bgy, SK polls

A HOUSE leader has sought to summon Interior Undersecretary Martin Diño in a congressional hearing to identify the 100 congressmen whom he accused of vote-buying and other election-related offenses during the last barangay and Sangguniang Kabataan (SK) elections. In a privilege speech, Deputy Speaker and Batangas Rep. Raneo Abu questioned….....»»

Source: Journal JournalCategory: NewsMay 17th, 2018Related News

Agri-agra reforms pushed

THE CENTRAL BANK is backing proposals to amend a law setting credit quotas for the farming sector amid poor compliance, as it eyes to accommodate infrastructure financing and other alternatives in order to boost lending. Bangko Sentral ng Pilipinas (BSP) Deputy Governor Chuchi G. Fonacier said authorities are wrapping up a study towards increased compliance […] The post Agri-agra reforms pushed appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: FinanceMay 17th, 2018Related News

BSP tightens capital infusion rules

By Melissa Luz T. Lopez, Senior Reporter THE CENTRAL BANK has set stricter rules for lenders in choosing strategic investors, as the regulator raised standards on pledges for additional capital. The Bangko Sentral ng Pilipinas (BSP) issued Circular 1002 dated May 10, which tightens standards for banks in declaring capital infusions from third party investors […] The post BSP tightens capital infusion rules appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: FinanceMay 17th, 2018Related News

14 senators back Sotto as next Senate President

By Camille A. Aguinaldo SENATORS from the majority bloc have backed Senate Majority Leader Vicente C. Sotto III as the next Senate President, according to a Senate draft resolution. “Now therefore, be it resolved, as it is hereby resolved by a majority vote of all the Senators, to express its sense to re-organize its leadership, […] The post 14 senators back Sotto as next Senate President appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: NewsMay 17th, 2018Related News

Beauty queens advice to youth: Finish your studies, love yourself

Finish your studies and love yourself. This was the advice given by two Bb. Pilipinas queens to those who aspire to become beauty title holders. Bb. Pilipinas Supranational Jehza Huelar said studie.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsMay 17th, 2018Related News

Ray Parks blasts MPBL for its Fil-foreign rule

Bobby Ray Parks Jr. slammed the Maharlika Pilipinas Basketball League's ruling on limiting teams from having more than one Filipino player with foreign blood on its rosters. The son of seven-t.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsMay 17th, 2018Related News

Liquid banks swarm BSP, bid up deposit yields

Bangko Sentral ng Pilipinas. INQUIRER.net FILE PHOTO Yields on the central bank's short-term debt instruments spiked higher during the first auction after last week's monetary policy tigh.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsMay 17th, 2018Related News

Perfectly sane reasons the remittances are low

It is the judgment of both the Bangko Sentral ng Pilipinas (BSP) and the International Monetary Fund (IMF) that the slowdown in remittances, the sharpest in a decade, is no cause for alarm. BSP Dep.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsMay 17th, 2018Related News

Bulldogs maturing under Jarin s watch

Head coach Jamike Jarin said that National University's (NU) 86-81 stunner over Gilas Pilipinas Cadets in the 12th FilOil Flying V Preseason Cup on Tuesday night at the FilOil Flying V Center.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsMay 17th, 2018Related News

Barangay, SK polls vote canvassing, proclamation now 100% – Comelec

All villages were finally finished canvassing votes and have proclaimed their respective winners in the 2018 Barangay and Sangguniang Kabataan elections, the Commission on Elections (Comelec) announced on Thursday.   Comelec spokesman James Jimenez disclosed that proclamations for the village and youth polls were finally at 100% three days after the election day.   "Regarding the proclamations, we're at 100% as of 4:30 a.m. today," Jimenez said in a text message to reporters. /kga...Keep on reading: Barangay, SK polls vote canvassing, proclamation now 100% – Comelec.....»»

Source: Inquirer InquirerCategory: May 17th, 2018Related News